FLC

Back-To-School Season Has Stock Sellers Tapping Market in Droves

Flaherty&Crumrine/Claymore Total Return Fund declares $0.1295 dividend

Flaherty&Crumrine/Claymore Total Return Fund (FLC) declares $0.1295/share monthly dividend, in line with previous.Forward yield 6.48%Payable Aug. 31; for shareholders of record Aug. 24; ex-div Aug. 23.Payable Sept. 30; for shareholders

PFD, PFO, FFC, FLC and DFP Announce August, September and October Dividends

PASADENA, Calif., July 20, 2021--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated (NYSE: PFO), Flaherty & Crumrine Preferred and Income...

Flaherty&Crumrine/Claymore Total Return Fund declares $0.132 dividend

Flaherty&Crumrine/Claymore Total Return Fund (FLC) declares $0.132/share monthly dividend, in line with previous.Forward yield 6.76%Payable Feb. 26; for shareholders of record Feb. 19; ex-div Feb. 18.Payable Mar. 31; for shareholders

Our 'Hunker Down' Model Income Factory: Steady As She Goes

Our "Hunker Down" portfolio is now about two months old and it's doing what it was designed to do.That is - generating a cash income that we hope is solid enough to continue through "thick and thin," whatever that turns out to be.Income up slightly, as one fund, FLC, increased its dividend, no distribution cuts (cross our fingers!).

Finding Income And Value In Preferred Securities

We believe the overall credit health of the preferred market remains strong.Fixed income markets have seemingly come full circle thus far in 2020.Preferreds with exposure to commercial real estate, consumer spending, and energy all still offer above-average yield and total return potential.

A Wealth Of Relative Value Opportunities In Preferred CEFs

Steadily lower yields and heightened volatility make relative value opportunities an attractive alpha generation strategy in CEFs.We take a look at the relative value opportunities on offer in the preferreds CEF sector.A couple of rotation opportunities within the Flaherty fund suite are FLC over DFP and PFO over PFD.Additional frequent opportunities come up for John Hancock as well as Nuveen term CEFs.

Weekly CEF And Market Commentary: Sept. 28, 2020

We go through the dynamic macro picture with lots of moving parts as we culminate with the election in less than 40 days.We discuss the significant movement we saw in the CEF market in the last week, mostly lower, thanks to significant selling.There will be a report out tomorrow on the current CEF market.DMO, PKO, IHIT, PPT, RCS are the most compelling.We analyze the BWG tender offer.